In terms of region wise housing activity, Quebec and British Columbia are likely to face trouble while Alberta and Saskatchewan are expected to see growth. The industry is likely to have limited gains in terms of revenue and finances are expected to remain unchanged. However, costs might pose to be risk factor due to increase in the US construction industry which might increase material costs.

Non-residential construction segment which increased by 4.4% in 2016, on other hand, is predicted to register growth of 8.2% in 2017. This is attributed to institutional sector and increase in warehouse and hotel investments. Commercial segment will benefit from faster adoption of online shopping as it is expected to trigger construction of warehouses across the country. South-western Ontario is likely to be the frontier of this development in 2017, as there was a rise in investment towards warehouses and transportation. Building construction industry in Toronto is expected to record a CAGR of 5.5% to reach US$ 41,319.2 million by 2021, while in volume terms, it is expected to record a CAGR of 3.3% during the same period.

• Toronto Market Data by Value and Volume: This report provides market size and forecast across 20+ construction segments for a period of 10 years from 2012-2021 in Toronto, both in value and volume terms.